Brookfield expects Dubai office demand to shrug off oil slump: Reuters
Brookfield Property Partners joint venture began work on a US$1 billion office tower in Dubai this week as the Canadian firm bets the emirate's commercial property sector will be unaffected by the sustained slump in oil prices, Reuters reported. Brookfield is forming a 50-50 joint venture with state-owned Investment Corp of Dubai (ICD) to build a 53-storey tower in the Dubai International Finance Centre that is slated to be completed in late 2018.
21 January 2016•2 mins read
